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BoNY, Creditors Oppose Lyondell DIP Changes

By Evan Weinberger (July 23, 2009, 3:56 PM EDT) -- The Bank of New York Mellon Corp. and the committee of unsecured creditors have filed objections to bankrupt Lyondell Chemical Co.'s bid to file a second amendment to its $8 billion debtor-in-possession financing package, with the bank going so far as to suggest that the court force Lyondell to renegotiate the terms of the financing....

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